scorecardresearchOverseas investment limit for mutual funds could be raised by up to 25 percent

Overseas investment limit for mutual funds could be raised by up to 25 percent

Updated: 16 Feb 2022, 11:53 AM IST
TL;DR.
Mutual funds have almost hit the current available limit of $7 billion, precipitating the need to raise the threshold
In any issue relating to foreign currency, the RBI will need to issue a circular and then SEBI can permit it. Photo: HT

In any issue relating to foreign currency, the RBI will need to issue a circular and then SEBI can permit it. Photo: HT